palm avenue mixed-use folio · 1602 palm avenue, hialeah, fl 33010 palm avenue mixed-use folio...
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KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
TAMMY GARCIACommercial Agent0 305.595.2844 X463C [email protected] #3268680
OFFERING SUMMARY
SALE PRICE: $750,000
CAP RATE: 5.62%
NOI: $42,165
LOT SIZE: 0.15 Acres
YEAR BUILT: 1953
BUILDING SIZE: 3,604 SF
ZONING:6400/Commercial
Central
MARKET: Hialeah
PRICE / SF: $208.10
PROPERTY OVERVIEWMixed use commercial building and residential duplex combined into one folio.Two story retail/apt rental mix building fronts Palm Avenue. 100% Tenantoccupied. All tenants on separate electrical meters. Lot size 6,480 SFT. Zoned6400/Commercial central. Commercial Building 2219 SFT and Duplex 1385 SFT
PROPERTY HIGHLIGHTS• Mixed-Use Commercial + Duplex on One Folio
• Free Standing Building First Floor Retail / Second Floor Apartments
• 6480 SFT Lot
• Building fronts Palm Avenue
• Duplex fronts 16th Street
• 100% commercial tenant occupied
• 100% residential tenant occupied
• All tenants on separate electrical meter
1602 Palm Avenue, Hialeah, FL 33010
PALM AVENUE MIXED-USE FOLIO
RETAIL FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
TAMMY GARCIACommercial Agent0 305.595.2844 X463C [email protected] #3268680
1602 Palm Avenue, Hialeah, FL 33010
PALM AVENUE MIXED-USE FOLIO
RETAIL FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
TAMMY GARCIACommercial Agent0 305.595.2844 X463C [email protected] #3268680
1602 Palm Avenue, Hialeah, FL 33010
PALM AVENUE MIXED-USE FOLIO
RETAIL FOR SALE
KW COMMERCIAL11420 N. Kendall Dr.,Ste. 207Miami, FL 33176
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
TAMMY GARCIACommercial Agent0 305.595.2844 X463C [email protected] #3268680
POPULATION 0.5 MILES 1 MILE 1.5 MILES
Total population 11,310 35,454 66,250
Median age 43.8 43.8 44.0
Median age (male) 43.4 43.0 43.0
Median age (Female) 44.8 44.8 44.9
HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES
Total households 4,156 12,563 22,810
# of persons per HH 2.7 2.8 2.9
Average HH income $28,718 $32,958 $40,078
Average house value $208,734 $274,610 $305,376
* Demographic data derived from 2010 US Census
1602 Palm Avenue, Hialeah, FL 33010
PALM AVENUE MIXED-USE FOLIO
RETAIL FOR SALE